Les Scholly

February 4, 2022

Pet Legacy Clauses

 “And to my loyal dog Oakley, I leave…”  While I have been a practicing lawyer in Medicine Hat since 1994, I have [thankfully] not seen a bequest in a Will made directly to the family pet. Pet legacies are rare […]
May 4, 2021

Trade Names are not a Game

In my younger years, I recall hearing the song the name game, by Shirley Ellis [Soul Rocket. “Shirley Ellis – The Name Game” YouTube]. https://www.youtube.com/watch?v=5MJLi5_dyn0. It is the song where you take a person’s name, drop the first letter of […]
October 17, 2019

Boost your knowledge: the Legal side of Commercial Loans

If you are a business owner, you might reach a point with your company where you need to obtain financing from a financial institution, in order to purchase land or new equipment, provide cash flow for growth, or to remove […]
August 14, 2019

Dude, where’s your Will?

If you have a lawyer, accountant and financial planner, you will have been reminded about the importance of having a written will.  An equally important question is how you notify your executor where your original will is located. If you […]
March 13, 2019

Extra-Provincial Registering Your Company

I recently re-watched the movie Smokey and the Bandit.  The first time I saw it, I was impressed with the chase scenes and of course the Trans Am.  What impressed me the 2nd time watching was the premise of the […]
August 16, 2018

Straight from the Heart: Organ Donation and Personal Directives

In light of recent events, there has been a noted increase in the amount of Albertans who are interested in having their  organs donated to benefit others. You likely seen (or have) the small heart symbol on your driver’s license […]
July 19, 2018

USA’s are unanimously a good idea

Last month my associate Hilary Pritchard wrote a great article that highlighted the function of unanimous shareholder’s agreements (USA’s) for businesses. I think it is helpful to examine some of the main scenarios where USAs can provide solutions which are […]
March 14, 2018

Where do you keep your safe?

My father used to be self-employed and owned a small wholesaling business in Calgary.  The warehouse was about 10,000 square feet and had boxes upon boxes of inventory.  One day before he was going away for a short vacation he […]
November 17, 2017

Defeat Procrastination: The Small Steps to Complete Your Estate Plan (Continued)

This is a continuation of my October column in the Medicine Hat News with my 6 steps to complete your estate plan.  If you would like to review the first 3 steps, please find them here. In my October column […]
October 19, 2017

Defeat Procrastination: The Small Steps to Complete Your Estate Plan

Is there anything easier to delay than creating your estate plan?  Your estate plan is even easier to put off than fixing your fence.  You do not wake up, look out the window and see your estate plan is flaking […]